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Approval from the House Financial Services Committee that was obtained just this week for the bill that is intended to repeal the UIGEA and pass through legalized online casino gambling in the US market. This huge step has been completed, with amendments and changes and now the bill moves into the House for full approval. The road for new online casino gambling legislation is actually still a long way off because of the structure of the US branches, but never before has a pro-internet gambling bill even made it this far before, so there is a strong hope that the support from the PPA, the US public, eager online casinos proving their responsibility in the market and the very real financial benefit to the US will be enough to pass this bill through other branches.

The process for HR 2267, the online casino legalization bill proposed by Congressman Barney Frank, looks like this: if and when the House signs off on the bill, likely with some more amendments and changes then the bill is sent to the Senate. As is the case with US politics any major changes in the Senate must then go back to the House for approval. The House then has the right and ability to make additional changes to the bill before passage of the bill which then sends it back to the Senate. This bounce can happen several times, particularly with a controversial bill like this one involving online casinos. Both the House and the Senate must pass off on the bill before the fully approved bill lands of President Obama’s desk for a final signature that is needed to regulate and license the online gambling for the US market and fully repeal the UIGEA.

Although the process ahead seems daunting the House Financial Services Committee has actually already done a lot of the work by debating out the specific terms of the bill and adding amendments that address some of the key concerns and obstacles that this online casino gambling bill has faced in the past.